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President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
There are two types of loans available (a general-purpose loan and a loan for a primary residence [g]) [22] / An employee can have only two loans active at any one time, either two general-purpose loans or a general-purpose and a primary residence loan (an employee cannot have two primary residence loans).
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service.
The government has in the past offered incentives for employees to leave in attempts to trim the federal workforce. In the 1990s, former President Bill Clinton presented tens of thousands of ...
More than a million of those forgiven loans were to companies with just one employee, at a cost of $12.8 billion, or an average of $11,497 per job. Government has forgiven nearly $400 billion in ...
State and local government employers rarely provide matches on 457(b) plans to employees. With 401(k) and 403(b) plans , the annual contribution limit applies only to employee deferrals, not any ...
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